This ±48 acres of surveyed land is an incredible opportunity offered at land value in Bourbon County, one of Central Kentucky's most aggressively appreciating locales. The property features approximately 42 acres of pasture and early successional growth, plus a separate 5-acre bottomland parcel across the road. A live creek runs through both tracts. Frequent deer and turkey activity, a pond, and established cover make this a strong choice for the sportsman, hobby farmer, or land investor alike. Improvements include a large barn with electricity, a 190 sq ft cabin with professional underground electric service, and a two-car garage with rear workshop space--all with recently upgraded electrical systems. The existing home (appx. 2,000 sq ft) is not habitable in its current condition and is being conveyed as-is. The property does have functioning septic, water, and electric connections in place. Whether you restore the farmhouse, build new, or simply start fresh--the land is the prize.
Single-familyProperty Type
1888Year Built
47 acresLot Size
2 car garageParking
Listed by Stephen J B Davis• Christies International Real Estate Bluegrass
Bought with Heather Justice• Rector Hayden Realtors
Est. $1,173 per month, based on comparable rentals
Sale and tax history for 650 Gillispie Rd
Sale History
Tax History
Date
Event
Price
ImagineMLS #26009326
Sep 4, 2026
Sold
$340,000
Aug 23, 2026
Pending
—
Aug 22, 2026
Contingent
—
Aug 5, 2026
Price Changed
$369,900
Apr 28, 2026
Relisted
—
Apr 28, 2026
Listing Removed
—
Feb 25, 2026
Listed
$399,000
ImagineMLS #24006534
Apr 8, 2024
Pending
—
Apr 5, 2024
Sold
$260,000
Jan 14, 2024
Listed
$260,000
COMP PURPOSES ONLY - SOLD OFFICE EXCLUSIVE +47 acres. Home is not livable and had little to no value. Built in 1988. Property has newly built tiny cabin (approx .200 sq ft) on it with electricity ran to it.
Directions: KY-57 N/Briar Hill Rd Continue to follow KY-57 N 14.3 mi Turn right onto Main St 0.2 mi Continue straight onto KY-57 N/Levy Rd 5.0 mi Turn right onto KY-537/KY-57 N 0.1 mi Turn left onto KY-57 N 0.5 mi Turn right onto Gillispie Rd.
Subdivision Name: Rural
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,088
Stories: 2.0
Lot Size: 47.77 acres
Style: Ranch
Year Built: 1888
Year Renovated: —
County: Bourbon County
APN: 069-00-00-010.01
Home facts updated by county records on Jun 25, 2026
Around this home
Schools
North Middletown Elementary School
Public K-5 • Assigned • 5.3mi
7/10
Bourbon County Middle School
Public 6-8 • Assigned • 13.8mi
5/10
Bourbon County High School
Public 9-12 • Assigned • 13.6mi
4/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
3/10 Wind Factor
4% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Carlisle, KY • 40311
Average low and high temperatures (°F)
36
19
46
27
63
40
70
48
73
53
84
63
88
69
84
62
81
58
70
46
56
39
45
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$330,000 – $399,000
Sell confidently with a local market expert in Carlisle.